3 Top Dividend Stocks I Just Bought as the Stock Market Corrected
Stock market corrections (a decline of 10% or more from the recent high) can be a gift to dividend-seeking investors. As stock prices fall, dividend yields rise, enabling investors to lock in higher yields on many top dividend stocks. I've been capitalizing on the recent stock market correction by buying more shares of many of my favorite dividend stocks. Among those I recently purchased were Blackstone (NYSE: BX), Starbucks (NASDAQ: SBUX), and Verizon (NYSE: VZ). Here's why I think they're great dividend stocks to buy right now.Private equity giant Blackstone has lost nearly 30% of its value from the recent peak. That sell-off has driven its dividend yield up to 2.8%, more than double the S&P 500's current yield of 1.3%.Continue reading
Stock market corrections (a decline of 10% or more from the recent high) can be a gift to dividend-seeking investors. As stock prices fall, dividend yields rise, enabling investors to lock in higher yields on many top dividend stocks.
I've been capitalizing on the recent stock market correction by buying more shares of many of my favorite dividend stocks. Among those I recently purchased were Blackstone (NYSE: BX), Starbucks (NASDAQ: SBUX), and Verizon (NYSE: VZ). Here's why I think they're great dividend stocks to buy right now.
Private equity giant Blackstone has lost nearly 30% of its value from the recent peak. That sell-off has driven its dividend yield up to 2.8%, more than double the S&P 500's current yield of 1.3%.
